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20130103
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to increase any tax rates. how can it be that we have the rates the president is proposing back in the clinton years and the had the longest period of uninterrupted growth in the nation's history, 23 million jobs created, would balance the budget and were paying down the debt. if those tax rates are so needed to job creation, how is it that we have those very rates that the country was doing the best it has ever done? how can it be? the ideological rigidity is not fact-based. it is not fact-based. one of the things they are saying now is that if you go to a top rate of 39.6, that will have enormous consequences on economic growth. cbo has studied that issue. they have told us it would change economic growth by 1/10 of 1%. extending the tax cut would add -- extending all the middle class tax cuts would add 1.3% to economic growth. the overwhelming driver here is extending tax relief for the middle class. at least those making below $250,000. i go to another issue. there are income tax rates currently at 35% tax rate. what about people who are paying a rate of 15%? -- how about the unearned whe
the number of investigations especially of the clinton administration. what do you see as your legacy of that tenure? >> i think bill clinton, president clinton and secretary as secretary -- hilary as secretary of state do not like me very much. i was chair of the government oversight committee during the time we were investigating whitewater and we were investigating campaign contributions that came from sources outside the united states and from various people. there was an awful lot to that. we had people testifying like ohnny chonung, they had contributed money to gain favor with the white house. and they came into the kitchen at hong kong and said we wonder -- we like your president and we want to contribute to his campaign. the man who said that was the equivalent of the cia. these were people who were under oath and swore to this and we also had over 100 people take the fifth amendment or flee the country. there was a lot there. that is not to say that president clinton did not do some good things. he worked with newt gingrich and we got out from under some difficult financial
. he talked with c-span about his past investigations of the clinton investigation and the oversight role of congress. this is 30 minutes. >> how would you say the state is? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. and he came down and started giving me the dickens. after that we became very good friends and played golf together. bob michael was a wonderful leader. there was a spirit of camaraderie even though we had differences politically then that we do not have now. now it is much more combative. i have a lot of friends on the democratic side of the aisle, very good friends. as far as working things out is not as easy as it used to be. >> what are some of the root causes? >> i think and i am not pointing fingers, when we went after jim wright, newt was the speaker and jim was forced out of office. they went after newt. the combat became very personal. that is one of the things that started this movement.
people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that is why this country is going down like this. host: let me get your thoughts on president obama as a negotiator. what d
. george h.w. burks 137. bill clinton, 167. george w. bush, 173. and then president obama through november 5 2012, i guess the day of the election, had 311 -- 3 10789 why such a jump between president carter and president obama? is it just the cost of running these campaigns? is it television ads? writes all this money going if guest: it's a very good question. if you want to understand what presidents do, you have to think about what the rules of the system are that incentivize their action. so the rise in fundraising is really a story about the consequence of campaign reform. if you want to empty your let to a presidential candidate, you could give them $25,000. over the last few decades, campaign costs have exploded. the rational is that -- rationale is that we want to have small amount offense money to limit corruption or the appearance of corruption. so the idea is if i can only get a certain amount of money from you, and every person i know, i'm not going to be behold on every certain but with rising president costs, the president is spending more time raising more and more money. th
did it thinking about bill clinton and newt gingrich. it was nice to take a vacation from those guys. when i ran out of gas writing books about politics and economics, which i did a number of between 2002 and 2008, and said it is time to go back in history again. hop in my time capsule and forget about these fellows. and i have forgotten about them pretty well. i cannot remember, for example, the name of the governor of texas who was such a jerk in the primary. [laughter] effect that he could not remember the departments in the government, i guess it is a little forgivable. i did it for the same reason in many respects. i wanted to deal with something i liked, that i thought was worth pursuing. and a long time ago, i did a book called "the emerging republican majority." i thought i would take the methodologies that i would use in that book and try to come up with a good explanation of the realignment of 1775. that is a good part of what this new book is about. >> before we get into this, a number of years ago, he called you a liberal. we have known you over the years as supposedly a
clinton and newt gingrich too much. nice to take a vacation from those guys. when i ran out of gas writing books about politics and economics, which i did a number of between 2002 and 208, i said it's time to go back into history again. -- 2002 to 2008. i have forgotten about them pretty well. i cannot remember the name of the governor of texas who was such a jerk in the primary. that is the revenge. a lot of people don't remember his name. the fact the could not remember what departments or in the government is a little forgivable. i did it for the same reason, in many respects. i wanted to deal with something i like, that i thought was worth pursuing. a long time ago i did a book called "the emerging republican majority.: it pretty much did emerge. i thought i would take the methodology that i used in the book to try to, with a good explanation, a realignment of 1775. that is a good part of what this new book is about. >> before we get into this, would you deal with one comment that i saw on the web written by weisburg a number of years ago. he called you a liberal. >> i don't think i ha
go back to the tax rates that prevailed when bill clinton was president. why the other side is horrified by that is perplexing to me. because i look back at the clinton era -- i was here. that is a long time ago. i was here. i came through the senate with senator feinstein when bill clinton was president. he faced similar issues in that we had a deficit that was getting out of control, debt that was getting out of control. we needed to have growth. so he put forward a plan, a budget plan, that invested in our people, invested in the infrastructure, invested in education, and at the same time said we can find cuts in other areas and we can raise taxes on those who are doing very well. what happened with that fair and balanced approach? what happened, the greatest prosperity in modern history. 23 million jobs, no more deficit, we got to a balanced budget, and i remember saying to my husband, what is going to happen -- it will not be any more government bonds because we will be out of the debt situation. we saw it on the horizon. when george w. bush became president, he decided
on january 1, were the clinton era tax rates and they voted to cut them. and grover can't argue against that because the law is the law. guest: i wish you weren't so rashal about things. that's not the way congress works. but maybe you're right . host: to denise on the democratic line. caller: i would like to make the point that we would all be driving electric cars which would get everybody a job the last 30 years if they didn't stop it because so many people are entrenched in oil and oil money. and if we would have more democraticically run businesses, which i do see in my home state happening more and more, i think that would solve a big big portion of the problem. thank you. host: what energy end of the year energy issues are we looking at here and which ones are likely to get punted down the road? guest: that's a good question. i'm not sure what energy issues -- i'm not aware of any -- host: tax issues? guest: tax issues for the fiscal cliff. but going down the road you definitely have some issues. there's the need for a new highway bill, they've had trouble tasking the highway leg
? >> back in the clinton years, we were able to actually balance the budget, we treated the longest period of uninterrupted growth. -- created the longest period of uninterrupted growth. and we were paying down the debt. in recent times, i've been part of a nonpartisan commission to resolve these debt issues. there we had 11 of the 18 members agree on a plan to the country back on track. i still believe that is probably the best blueprint for going forward. i was also part of the group of six that became the group of eight, evenly divided the dream republicans and democrats. -- that between republicans and democrats. >> lots to go back with. let me start with the 1990's. how much of that success was the bursting economy with the tech bubble that was happening that brought more money into the coffers? >> all of these things are connected. that is my belief. governmental policy, what happens in the private sector. because we were showing that we could get results, the government could make decisions, that gave additional confidence to the private sector. there was additional certainty, becau
the government, bush increase the government, clinton increased the government, obama increased the government. we have more -- host: what you think will happen in the house? caller: they need to not go on holiday. they need to take the measure. and when can at the american public participate in this process? we cannot. they give us one day to read the bill. there is no way that our people can participate in the process. we want to talk about increases in revenue. i understand that, but you have to have some kind of comeback and i do not been there needs to be some increase in spending. our defense spending is outrageous. our foreign aid to countries is outrageous. we prop up dictators. we are allies with al qaeda what we want to beat the soviet union, but then enemies with them when we want to be in afghanistan. it does have to do with entitlements, but also big government is working with big corporations prepare until the republicans want to get over the industrial military complex and democrats want to -- host: if you are interested in following along on this debate, there are several links
enacted under president clinton. now we all voted, at least all the democrats here, that were here then voted for the clinton tax bill in 1993. we heard all kinds of talk from the other side of the aisle how this is going to be disastrous, it was going to kill the economy. it was just going to be awful. and not one republican supported it. but we passed it. president clinton signed it into law, and guess what happened? the economy took off. unemployment came down. the economy started going. and we were paying down the deficit. we had three straight years or four of surpluses. c.b.o. said if we continued on that way, we would pay off the national debt by 2010. well, then george bush came into office, they looked at all the surpluses out there and said guess what? we've got to take some of that and give it back in tax cuts, and that's what they did. now that's what's ending tonight. that's what ends tonight, are those bush tax cuts. so we go back to the tax system that we had under bill clinton. i ask, what's so bad about that? it worked pretty darned well. the economy was going well
, on the tax side, we go back to the taxes that were enacted under president clinton the bank we all voted -- at least all the democrats that were here then voted for the clinton tax bill in 1993. and we heard all kinds of talk from the other side of the aisle about how this is going to be a disaster, going to kill the economy, just going to be awful. and not one republican supported it. but we passed it. president clinton signed it into law, and guess what? the economy took off. unemployment came down. we were paying down the deficit. we had three or four straight years of surpluses. cbo said we would pay off the national debt by 2010 if we kept on that way. well, then george bush came into office, and he looked all the surpluses, and he said, i guess what? we need to take that and give it back to the tax shelters. and that is what they did. that is what is ending tonight. all those tax cuts. then we go back to the tax system that we had under bill clinton. i asked -- what is so bad about that? it worked pretty darn well. the economy was going well. we were paying down the deficit. things
wednesday, january 9 on a 7:00 a.m. -- at 7:00 a.m. eastern. secretary of state held a clinton was admitted to new york hospital earlier today. according to the state department, her doctors discovered a blood clot stemming from the concussion he sustained weeks ago. she is being treated with anti coagulants. doctors will monitor her condition. >> next, we will hear from members of congress about negotiants surrounding the fiscal cliff. senate majority leader harry reid, followed by senator john thune, then senate floor speeches from barbara boxer, joe manchin, and kay bailey hutchinson. >> the majority leader is recognized. i was glad to hear that republicans have taken their demand for social security benefit cuts off the table. it should never have >> they should never have been on the table to begin with. at 11:00 in the morning. i certainly hope >> next, republican senator john thune. >> thank you. i will first of all thank both of my colleagues for the diligent work -- they have committed themselves to this work and i appreciate it. mr. president, i rise today frustrated, embarrassed,
news, moron hillary clinton, -- more on hillary clinton who remains hospitalized this morning after it blood clot had formed. the clot stems from a concussion she sustained several weeks ago. she is in new york president obama -- new york presbyterian hospital. her doctors will continue to assess her condition and will determine if any further action is required. she has not been seen in public in three weeks. was supposed to come back to office this week. next is ron from cincinnati, good morning. caller: i wish mrs. clinton well. they take social security and want to privatize it. they took the money out and that is a debt that we owe to ourselves. you buy their cars and trucks. whatever you buy from them -- it would transfer the overhead. they complain about 4% of the taxes. host: thank you for the call. this is from politico. uck.senate appears stoc charles is joining us from arkansas. caller: good morning. you wanted and got something from nothing. you voted for these people. you better look to your children and grandchildren and apologize. for every dollar that you get from th
in another three years with another crisis in the vrsc. the secretary clinton, ambassador riesch, undersecretary for political affairs and ambassador windy sherman high and -- and i have all met with an spoken with the rwandan and rwanda and officials in the past few weeks for a rapid and peaceful resolution to the crisis. i have travelled to the region just last month with my british and french counterparts to press the condoleezza, rwanda in, and ugandan governments to work together and start the crisis and address the causes of instability. and all three governments reiterated to us their shared goals -- their share gold -- shared goals. all three indicated to was that the most abusive commanders are now under targeted sanctions and we have placed those same individuals under u.s. sanctions. talks between the garcia government and the environment -- m 23 began on december 29 in uganda and are being mediated with uganda as the chair on the international conference of the great lakes region known as the i c g lra. as the two sides begin substantive con -- talks, the current ceas
. awful people in the clinton administration. that is true. agreed. greed is good. hollywood movies are about greed. oliver stone tried to warn against it. instead, wall street bankers were imitating gecko, like war movies that create warmongers. at the same time, you had another explanation which had to do with the way in which the finance tapped into a competing power. -- into computing power to create complex derivatives. all that is true. but what is underlying this and the crisis and the reason why the world economy fails to recover is that this surplus recycling mechanism -- this weird, wonderful, audacious surplus recycling mechanism from 1971 which poker helped put together as the chairman of the fed -- which paul volcker helped put together is the chairman of the fed in the late 1970 fell and 1980's, it broke down. in 2008, when lehman brothers broke down, and the others followed and had to be bailed out by you, what happened was the united states of america lost its capacity to utilize its trade deficit in order to recycle other people's problems. -- profits. if you look a
that prevailed when bill clinton was president. why the other side is horrified by that is perplexing to me. because i look back at the clinton era -- i was here. that is a long time ago. i was here. i came through the senate with senator feinstein when bill clinton was president. he faced similar issues in that we had a deficit that was getting out of control, debt that was getting out of control. we needed to have growth. so he put forward a plan, a budget plan, that invested in our people, invested in the infrastructure, invested in education, and at the same time said we can find cuts in other areas and we can raise taxes on those who are doing very well. what happened with that fair and balanced approach? what happened, the greatest prosperity in modern history. 23 million jobs, no more deficit, we got to a balanced budget, and i remember saying to my husband, what is going to happen -- it will not be any more government bonds because we will be out of the debt situation. we saw it on the horizon. when george w. bush became president, he decided to go back on rates across the board to
is to the middle class and lower middle class people. so, if everybody says let's go back to the clinton tax rates, that is the clinton tax rates. also, on more spending, the iraq war, we pulled the people out. on c-span about two months ago i turned it on a senate armed services committee. i've not seen any by a report on this. the. -- the state department said in private contractors at a cost it at or > if we would've sent our troops in there. it is a fact right now, the figures don't lie, but liars figure. host: thanks for the call. guest: the president's proposal to roll back the bush tax rates for upper-income americans would raise probably about $100 billion a year. that includes higher tax rates on itincome earned over $250,00, higher estate taxes, and more. it's not going to solve our deficit problem, but it will have an impact. the question is, is that enough, too much, too little, when you combine it with spending cuts, to reduce the deficit to more stable level over the years? host: what we have seen in these negotiations between the principals, how does that portend in terms of what we
-- gerald ford, george w. bush, and bill clinton. arnold even appeared on "the ed sullivan show." and on a personal note, i have an opportunity to play golf with arnie along with my son, joe baca, jr., and we had an opportunity to walk backwards and play, and let me tell you, walking that course and playing with him, it was about a human being, a person who demonstrated caring about individuals. it did not matter where you came from. it was the fact that he treated you like a human being and we were all special to him. let me tell you. arnold is a genuine person with a great sense of humor. he is a considerate man with compassion in his heart for others. although he does not feel comfortable being called the king of golf, he truly is the king of golf. arnold palmer is royalty, royalty in the eyes and hearts of those he has helped. we thank you, arnold palmer, for all that you have done in making others' lives a lot better and being that role model and serving our nation. you are a true american who deserves to be honored with the congressional gold medal. i thank you. god bless
. secretary of state hillary clinton was admitted to a new york hospital on sunday. according to the state department, doctors discovered a blood clot stemming from the concussion he sustained several weeks ago. she is being treated with an anticoagulant and doctors will continue to monitor her condition to see which ferc -- whether for the treatment is needed. coming up on c-span, members of congress talk about negotiations surrounding the fiscal cliff. senate majority leader harry reid, speeches on the senate floor from california democrat barbara boxer, west virginia senator joe mansion, texas republican kay bailey hutchison and then caucus leaders speak to reporters. r is recognized. mr. reid: thank you very much, mr. president. i was really gratified to hear the republicans have taken their demand for social security benefit cuts off the table. the truth ishey should never have been on the table to begin with. there is still significant distance between the two sides, but negotiations continue. there is still time left to reach an agreement, and we intend to continue negotiations. i a
the house, the deal in question includes a return to the clinton era tax rates for families making more than four hundred $50,000 and individuals making more than $400,000. joe biden is meeting with house democrats. the vast majority of them seem ready to support the measure making its way through the house. with the new congress coming in on thursday, if the measure is not passed within that time, it will have to be completely reintroduced in the new congress. republicans are said to me in about five minutes to continue a discussion about whether or not to support the measure that was sent to them by the senate in the early morning hours. some tweaks coming from reporters in the halls of the capital. the political wire says democratic leaders say they will not take up a bill if it is amended by house republicans. "we are done. " a retweet from joe biden says "i think we are going to be fine." a number of different views and issues depending on which party is talking about the fiscal clef. we are going to, of course, keep you updated on the c-span network. in the meantime, take a look back a
with hillary clinton. to extract promises from blair on regulations, and and newspapers have had a much bigger impact in great britain than they have here. his entertainment property, fox television, offered something the public wanted and did not get from basic television all those years ago. the simpsons, if anybody can remember when the simpson started, just created howls of anguish from the guardians of family and value people, who thought it was just a disaster. married with children? please. this is stuff that people wanted to consume, but it was not conservative stuff. for him in was about the bottom line for most of his properties. family is no assurance of great journalism, but i do think it is and assurance that people care about the enterprise of producing content. >> you work for national public radio. >> just for the record, i worked for wnyc. produces this show. >> wnyc is a radio program. >> i encountered this fact with my generation of students that radio is simply not on the menu anymore as something that anybody listens to work, regrettably, has even heard of. despite what ha
, was signed by brinbrin on march 10 -- president clinton on march 10, 2000. this bill was to provide extended care services for our veterans to make improvements in health care programs at the department of veterans affairs. i was chairman of the health subcommittee at the time and i was able to advance this bill and i'm very proud that president bill clinton signed this. the fourth bill was the cardiac arrest survival act of -- president clinton signed this on november 13, 2000. it prevents as many as 50,000 unnecessary deaths each year in the united states by using what's called a.e.d.'s, which are automatic external defibrillators. this is now allow -- this has now allowed people to be trained to save lives. this act was very important and i'm glad that it was signed as my bill. the fifth one that i'm very proud of that president bush signed is dealing with asthma conditions. self-administration of medication was prevented in schools because they had no drugs allowed and so many children had asthma and they needed epy pen or -- epi pen or abeauty rol, and if it wasn't available they could
and afghanistan mentioned just now, here's a piece in the paper -- some other stories in the news, hillary clinton, secretary of state, we are seeing some updates on her condition and what is going on for her. we will look at that in just a moment to see how she is staring. but there's a piece by parker in the washington post, more of a conservative writer -- so that is in the washington post today. for the latest on how hillary clinton is doing, we will look at "usa today" story that says she's getting blood thinners for the blood clot. her doctors are expecting her to be released from hospital to make a full recovery. we are asking what you think about house passage of the fiscal cliff bill, 257-167. john is a republican in hot springs village, arkansas. caller: good morning and happy new year. basically, the way this is impacting the personally is the income tax increase for the wealthy, that does not affect me. the unemployment benefits extension, that does not affect me. the payroll tax going back up, which is it should go into their social security account in the first place, that does not a
is hard to measure. bill clinton signed in my nutrition bill for school breakfasts, to bring breakfasts to elementary schools, all kids, not just poor children. it was a study to prove that -- to prove something we know absolutely but it had to get proven scientifically. children who come to school with a full stomach or fed at school do way better in their studies and in their attendance and in their attitude and we proved it without a doubt. after three years, it because great study and it is there on the shelf but we can't afford to do anything about it. we're not going to see every elementary student -- kids eat at home but they eat pop tarts, elementary children. my kids eat breakfast. but we have to feed our children so they can think. >> 20 years ago when you first came to congress, you became known as the former welfare recipient who is now a member of congress. first of all, tell us, remind us why you were on welfare for a while. what do you think of that? >> well, i was on welfare because when my children were 1, 3, 5 years old, their father was diagnosed manic depressant and
, and they raise the issues of the rumors, and hillary clinton says, "i want you all to know that we have had lot -- trouble in our lives as a married couple, but we love each other. we believe in each other. i love my husband, and we are going to stay together for the rest of our lives," and they are blown away by her commitment. what they do not know is that this is a dress rehearsal, because nine months later, when bill is soaring in the polls, almost on top of the new hampshire primary, a senator from massachusetts, the next door state, at that moment, jennifer flowers says that she has said a 12-year love affair with bill clinton and has the tape recordings to prove it. >> and professor on how the clintons had their relationship benefit their political ambitions. this is continuing four days of nonfiction books and authors through new year's day on c- span's booktv. >> neil armstrong, the first person to walk on the moon, died last summer. in september, a memorial service was held. the head of nasa, charles bolden, led the service, which was held at the washington national cathedral. this is
and lower middle class people. so, if everybody says let's go back to the clinton tax rates, that is the clinton tax rates. also, on more spending, the iraq war, we pulled the people out. on c-span about two months ago i turned it on a senate armed services committee. one not seen anybody report this. the state department sent in private contractors at a cost greater than if we would've had our troops in there. it is a fact right now, the figures don't lie, but liars figure. host: thanks for the call. guest: the president's proposal to roll back the bush tax rates for upper-income americans would raise probably about $100 billion a year. that includes higher tax rates on income earned over $250,000, higher estate taxes, and more. it's not going to solve our deficit problem, but it will have an impact. the question is, is that enough, too much, too little, when you combine it with spending cuts, to reduce the deficit to more stable level over the years? host: what we have seen in these negotiations between the principals, how does that portend in terms of what we will see in
appreciation. and how the clinton administration used bring the russians into the space station. the centrality is something students come to know and appreciate. it happens over and over again as soon as it plays out for them. >> thank you. i have a few seconds left. >> our committee did look at that as well. nasa is taking some very positive steps with regard to social media and their s.t.e.m. programs. one was a young boy in ohio during the apollo program's. in our study we looked at events that are clear and compelling. the communications to the public was outstanding. in identifying the clear objectives and goals and identifying a strategic plan for nasa, at the story becomes clearer and easier to tell. >> thank you. the gentle lady yelled at her time. >> your testimony highlights the importance of maintaining the pipeline of engineers to make sure we innovate in the future with respect to both of you. what are your recommendations for a program that provides opportunities to our graduate and post-doctoral students? >> thank you so much. my personal feeling is that such a program will be a
secretary clinton is a big supporter of those solar cook stoves and those other things to do that at a reasonable cost. let's have our next question. yes. >> yeah. i'm warren linney from kiara solar. and i just want to thank you for your courage. i've been arrested a few times for these issues as well. it's worth it. my question is, i wanna know if you're aware of any council of engineers and scientists that are evaluating and prioritizing the various low carbon technologies, and also the ones that maybe will pull out enough carbon from the air and--like carbon engineering, global thermostat, in order to have a priority of funding these, and do you know of any fund that's being ready to, you know, save life on the planet as well. >> well, you see, those studies are academic. you know, so we had this nice paper, one called wedges, which said, you know, we can -- there's this wedge that could reduce our carbon 10% or 5% and there's this wedge should do five more and then there's this wedge five more. so they list a whole bunch of technologies that might reduce the carbon emissi
, and president obama should be in and his entire staff, including hillary clinton. i do not know if you have noticed but nancy pelosi, her eyes are consistently dilated. host: thanks for your call. let's go to indiana. caller: i think it is unfortunate boehner wants to tax people making over $1 million. [indiscernbile] this is the result of 30 years of reaganomics, and the republican party has left people with less fiscal responsibility and they have not paid for the two wars, medicare part d, not to mention the tax cuts. host: how does it end? caller: if people did not wake up and try to do what is right for future generations at will and worse. the republican party will not compromise for anything. it is not the dwight eisenhower party that had the 93% tax rate. you put the money into the interstate highway system. even abraham lincoln created land grant universities, and that was not called socialism. it was called advancing the future. host: we appreciate the call. let's go to illinois, catherine on our line for republicans. caller: yeah, hi, this is catherine. i cannot have twitter, but
. . if you contrast it to the 1990's, we had a better economy. when president clinton handed president bush the reins to the government, he handed him also a surplus. the fact is the conservative experiment, based on the ideas of a guy named arthur, and others, have failed. they don't work. they're wrong for this country and it's time for us to have some balance and to pay the bills of this country and that means -- that means taxes. thank you. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey rise? mr. pallone: to address the house for one minute, madam speaker. the speaker pro tempore: without objection. mr. pallone: madam speaker, if we fail to act in the remaining day of the 112th congress, this congress will be one that will be remembered to ignore the will of the people. if we fail to act, a family of four will see its taxes rise by $2,200 started in 2013. this means less money to buy groceries, gas and fay the bills. according to the non-- and pay the bills. according to the congressional budget office, going over the cliff
for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade, the 1970 's. we have seen that in other countries. raise the rates and you get less investment and a lower standard of living. host: do you think the debt ceiling should play into the fiscal cliff negotiations? guest: it looks like it is going to do so. i was surprised to hear the december 31 deadline. people are taking income this year in anticipation that rates may crop next year. whether it is december 31 or march 1, the clock is putting that in play. there are sensible things that can be done on the debt ceiling crisis. take social security trust funds and pay benefits for three years or more. the reserves are in junk, not marketable iou's to the treasury department. they should be turned into marketable bonds. it can sell the bonds and continue to make the benefit payments. should have been done in a long time ago. if a company had taken workers monies for pensions and spent the money. if you put that in a not m
reasonable president we've had in office besides bill clinton. there's a reason we put him back in office. he's for the people, right. the other man that run for president, think about where we'd be, he only cared about the rich. my point is this, man. they got a lot of bills going on in congress. people taking tax money, going on a big vacation. take all these vacations, taking this money, spending this money. you try all the people on the tv, talking about can't do that, ok, we got these people in congress right now, this president, you understand me, he is trying to do everything he can. his hands are still tied. host: it sounds like you are are a defender of president obecause mark drawing a comparison between president obama and mitt romney, his opponent in the presidential election. does president obama have a mandate? if he says, i want you to vote for this, democrats, that you should vote for it? guest: the president was clear he wanted to maintain the quarter million dollar ceiling. he gave ground on that. but it was as clear a policy statement as possible and mr. romney and mr. ryan
in the polls at that very moment jennifer flowers says she has had a 12 year love affair with bill clinton and has tapered corning's to prove it. >> william chase on how the clinton's personal relationships benefit their political ambitions. for days and nonfiction books and authors their new year's day. >> leaders on capitol hill said they are close to reaching a deal on the fiscal cliff but have failed to bring a measure to a vote. the houses by tomorrow at noon. vice-president joe biden was meeting with democrats tonight. we will hear from president we will hear from president obama about
to stop the aid. my question is around integration. there are people doing important things like clinton and goldman sachs. how does the economy developed that energy for innovation? >> very briefly because we are out of time. you take the u.n. >> the u.n. agencies to not respect the declaration. -- the lastank outgoing president never once used the word "democracy" during his term. i know this firsthand. i questioned his spokesman and he agreed with me. the world bank was not even endorsing the u.n. declaration of human rights. there are giving aid to places like ethiopia. as was documented by human rights watch. the aid was used to start political opponents. the world bank itself is not recognizing the basic human rights. >> very briefly. >> not a single country that has to achieve long-term economic growth by relying on aid. not one. so that notion is rubbish. two years ago, all i heard was these countries cannot have it capital markets. two months ago, $750 million, and securitized. it came through. it was more aggressively priced than italy, spain, or portugal. that is the weight yo
sort of things. >> i think secretary clinton is a big supporter of those solar cook stoves and those other things to do that at a reasonable cost. let's have our next question. yes. >> i'm warren linney from kiara solar. and i just want to thank you for your courage. i've been arrested a few times for these issues as well. it's worth it. my question is, i wanna know if you're aware of any council of engineers and scientists that are evaluating and prioritizing the various low carbon technologies, and also the ones that maybe will pull out enough carbon from the air and--like carbon engineering, global thermostat, in order to have a priority of funding these, and do you know of any fund that's being ready to, you know, save life on the planet as well. >> well, you see, those studies are academic. you know, so we had this nice paper, one called wedges, which said, you know, we can -- there's this wedge that could reduce our carbon 10% or 5% and there's this wedge should do five more and then there's this wedge five more. so they list a whole bunch of technologies that might reduce the
'm here. to protect working american, the vulnerable and the middle class. at the end of the clinton administration we had $5 trillion in surplus and it went out the window with tax cuts, bush tax cuts, and wars that we could not pay for. so i stand here today to say that working class and the vulnerable have the unemployment insurance and earned income tax and cuts in their taxes that they really need. but we still have work to do. want to make sure that we restore some very serious cuts that impact on the health care of americans and we have work to do on the sequestration and our fight is the same fight with the alcio. we want to make sure that the working americans don't pay for the rich getting richer. we're going to cut against cuts and what we have to do today is to make sure that we can go forward. but we should not do it without the understanding that there's some restoration work and there's some fight work in the sequestration. it will not be done on the backs of those who cannot pay but we will work together as americans and that is what i hope we will see as we go forwar
? why did obama or hillary clinton get on the phone and call the president of libya and say, "you owe us. san whenever you have to save our people." i believe the local forces went in after it was over and our people were dead. to didn't somebody jawbone, get them in there to help? host: you can talk about any topic you like. joel florida, what is on your mind. caller: you were talking about afghanistan. one of the main reasons we are over there is to keep the poppy plants growing. host: what brings you to that opinion? caller: just research that i do online. host: how do you think things are going to work effort with the troupe drawdown? caller: anybody's guess. host: alright. sharon from california. caller: in 2013, there is a movement coming to washington, d.c., about systemic corruption in our judicial system. a gentleman is with wallace america -- lawless america. he has been documented people from family court to civil cases where politics are taking precedence over the law. perjury is rampant. there is a movement coming. we want to see the constitution restored and i hope that is
of these are expected to revert to clinton era levels." >> starting out the sunday shows, president obama with an interview on "meet the press." and their efforts in congress. here is what he had to say. [video clip] >> i am confident that we will see an agreement in the next 48 hours. if that does not happen, democrats in the senate will put a bill on the floor of the senate and republicans will have to decide whether or not they will block it, meaning that middle-class taxes go up. i do not think that they would want to do that, politically, but they may wind up doing that. if all else fails so that taxes go up on middle-class families on january 1, we will come back with a new congress on the fourth and the first bill on the floor will be to cut taxes on middle-class families. i do not think that the average person is one to say -- gosh, that is a really partisan agenda on the part of the president or democrats in congress. people will say -- that makes sense, that is what the economy needs right now. if one way or another we get through this -- do i wish that things were more orderly
it started under reagan. the only person who paid down the deficit was the clinton. republicans were in charge. both parties are responsible. if just democrats doing that, the republicans would be screaming holy murder, they wouldn't. both parties are complicit in this. let's get beyond that. laying blame is going to solve it. how are we going to fix it. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> president obama has yet to sign the fiscal cliff bill. the house is going to meet at 11 a.m. at noon eastern, the 113th session of congress begins with live coverage here on c-span and the senate on c-span, too. roll call of members as wells the election of the house speaker. that starts at noon eastern here on c-span. a vote on hurricane sandy funding is now expected on friday. a statement from house speaker john boehner and majority leader eric cantor said getting aid to the victims of hurricane sandy should be the first priority and the house will vote friday to direct needed resources to the national flood insurance
key deal with tip o'neill and bill clinton did on welfare reform and president eisenhower in korea, we need two words -- presidential leadership. we need to do both and the president has to eat it, and if he does i am ready to work with him. >> let me add to that. to get back, i agree with everything lamar just said, but there is a tremendous direction of duty here. you have a congress that has spent two years debating, we have written legislative language. i want to hearken back to the fact that i offered a bill that laid out all these entitlement reforms that walmart has joined in supporting, but also had revenues in it come almost $1 trillion. i get a copy of that bill to the white house, to boehner, 2 pelosi, and said here is a way to solve this problem. there will be other ideas, but it is pretty amazing that we know the number one problem in our country is our fiscal solvency. every developed country knows that the greatest issue we face is a our fiscal solvency. economists on both sides have said this is the greatest problem we face. here we are on december 29 without a serious
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